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200
Dec 31, 2012
12/12
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WETA
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president obama said a deal is in sight to stop america going over the so-called fiscal cliff. congress officials have said the house of representatives will not vote before midnight despite tense negotiations to get an agreement signed before midnight washington time. that will trigger a series of automatic spending cuts and tax hikes and could send the country back into recession. >> of america is staring into the economic unknown. there will be some real damage. there are some people deserving far better and we will be scrambling to find budget reductions in we can understand. >> we are upon the fiscal cliff. will we need to focus on is how we find that common ground. ira by -- i believe republicans and democrats alike want to put us on the course to fiscal discipline. >> we are running at a time. americans are threatened with a tax hike in just few hours. i hope we can keep in mind that our single most important goal is to protect middle-class families. >> democrats and republicans in congress have to get this done but they are not there yet. they are closed but not there y
president obama said a deal is in sight to stop america going over the so-called fiscal cliff. congress officials have said the house of representatives will not vote before midnight despite tense negotiations to get an agreement signed before midnight washington time. that will trigger a series of automatic spending cuts and tax hikes and could send the country back into recession. >> of america is staring into the economic unknown. there will be some real damage. there are some people...
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169
Nov 13, 2012
11/12
by
WBAL
tv
eye 169
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unless congress -- to avoiding the fiscal cliff by year's end. unless congress takes action, automatic spending cuts will take action at the end of this year. coming up, alzheimer's is the sixth leading cause of death. doctors of had difficulty of diagnosing the disease. we have more in our medical alert. >> and we are watching as the radar finally clears out. the showers are toward the lower eastern shore, the skies clearing over baltimore. here is a live look downtown. 45 of the airport, 47 at the inner >> covering the nation, a new look short sell that will help struggling homeowners sell their homes in just a few weeks. a traditional short sale will sell homes for less than homeowners oh, but under the new deal, homeowners can -- less than homeowners owe, but under the new deal, homeowners can sign up for the new fannie mae and freddie mac deal. homeowners must have had a significant reduction in their income, or recent divorce, separation, or debt to be eligible. the black friday deal previews. target will open at 9:00 p.m.. toys r us will o
unless congress -- to avoiding the fiscal cliff by year's end. unless congress takes action, automatic spending cuts will take action at the end of this year. coming up, alzheimer's is the sixth leading cause of death. doctors of had difficulty of diagnosing the disease. we have more in our medical alert. >> and we are watching as the radar finally clears out. the showers are toward the lower eastern shore, the skies clearing over baltimore. here is a live look downtown. 45 of the...
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88
Dec 12, 2012
12/12
by
FBC
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eye 88
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i do not want us to go off the fiscal cliff, congress created in a bipartisan way this is the result of the last fiscal cliff. neil: both sides agreed. >> i voted against it, it was a bad idea, why create artificial crises to force action. neil: they did. >> now the country -- now they want to do it again, now let's hurt growth in economy, and cut a deal that hurts growth,o from a year from now we'll have a worse fiscal cliff. we have a 16 trillion-dollar debt. these tax increases do nothing to self, you have 200,000 less jobs next year for, that those who vote for that will be held responsible for that decision. neil: is it terrible public policy if you leave off the table. what accounts the majority of spending off the table. if you leave out medicare, and medicaid, and don't even pry to bridge up -- try to bring up social security, 8 democratic members and congressmen marked that, don't touch these entitlements, one of next. ♪ [ gine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter ent back, with the perfect vehicle that's just right for you, no matter which list you'r
i do not want us to go off the fiscal cliff, congress created in a bipartisan way this is the result of the last fiscal cliff. neil: both sides agreed. >> i voted against it, it was a bad idea, why create artificial crises to force action. neil: they did. >> now the country -- now they want to do it again, now let's hurt growth in economy, and cut a deal that hurts growth,o from a year from now we'll have a worse fiscal cliff. we have a 16 trillion-dollar debt. these tax increases...
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77
Dec 24, 2012
12/12
by
WRC
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eye 77
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lawmakers are trying to get a deal done before the end of the year to avoid a fiscal cliff. congress is not expected to return to work until thursday. the same goes for president obama who will spend christmas in hawaii. that leaves them just five days to get a deal done to avoid steep tax hikes and spending cuts. senators on both sides of the aisle say both parties need to compromise to avoid a potential econom disaster. >> my one bit of advice to speaker boehner is this. you can't pass a bill with just republicans. on a broad thing like this, you need both. >> ronald reagan model is if you get 80% of what you want, that's a good day. we have the same objective of lower taxes. i like simpson-bowles. put money on the debt. tax rate hikes are partisan solution driven by the president but he'll get tax rate hikes. >> some lawmakers say that no deal will get done by the end of the year. >>> the second victim of a shooting in northeast washington has died. beasley was found shot in the early hours of saturday morning. harris was found lying in the road nearby and pronounced dead
lawmakers are trying to get a deal done before the end of the year to avoid a fiscal cliff. congress is not expected to return to work until thursday. the same goes for president obama who will spend christmas in hawaii. that leaves them just five days to get a deal done to avoid steep tax hikes and spending cuts. senators on both sides of the aisle say both parties need to compromise to avoid a potential econom disaster. >> my one bit of advice to speaker boehner is this. you can't pass...
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Nov 10, 2012
11/12
by
KRON
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eye 181
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. >> the fiscal cliff. >> the fiscal cliff. >> building fiscal cliff. >> congress created the fiscal cliff to force yourself to do with the national debt is the worst- case scenario in case there is no agreement on cutting spending and raising revenue. if there is no agreement by the end of the year there will be $55 billion a/with 10 percent from each program and another $55 billion from non-defense programs. air travel safety, food safety and medical payments will drop by 27 percent. all americans, rich, poor will see their taxes rise by nearly 50%! the impact on the recovering economy everybody believes is what would have happened to james bond to jamesskyfa'sky >> catherine heenan, kron 4. >>pam: kron 4 is just i justine waldman. >> solutions to keep america from falling off the fiscal cliff are not pretty. >> it would be really hard headed if they come to an agreement. >> the president and congress allowed a kron agreement to fall over by. >> with higher unemployment, the only positive if there is a positive here is that the deficit will go down. >> if there is no agreement it w
. >> the fiscal cliff. >> the fiscal cliff. >> building fiscal cliff. >> congress created the fiscal cliff to force yourself to do with the national debt is the worst- case scenario in case there is no agreement on cutting spending and raising revenue. if there is no agreement by the end of the year there will be $55 billion a/with 10 percent from each program and another $55 billion from non-defense programs. air travel safety, food safety and medical payments will drop...
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Nov 13, 2012
11/12
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WRC
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congress returns to work today waiting the fiscal cliff. it may be the most important piece of business but what will be the first piece. >> we are more than a week away from thanksgiving. with that said, tsa said this morning they want to help travelers get ready. how? stay >>> back to business for congress. lawmakers are back in washington and about to be part of the most important lame duck session of congress in recent history. they will try to reach a deal to avoid the so-called fiscal cliff. congress will tend to other important business as well. both parties meet tomorrow morning to decide on leadership positions. the house will try to pass legislation that will end trade restrictions and help u.s. exporters. >>> president obama will have to name a new director of the cia. that's not the only spot he thooz fill. he's considering john kerry as the next defense secretary. leon panetta hasn't said if and when he will step down, but probably won't stay for the second term. kerry wants the job. >> we talk a little bit about the weather. i
congress returns to work today waiting the fiscal cliff. it may be the most important piece of business but what will be the first piece. >> we are more than a week away from thanksgiving. with that said, tsa said this morning they want to help travelers get ready. how? stay >>> back to business for congress. lawmakers are back in washington and about to be part of the most important lame duck session of congress in recent history. they will try to reach a deal to avoid the...
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287
Dec 30, 2012
12/12
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WJLA
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eye 287
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it is congress's fault. congress created this fiscal cliff. no one else to impose this on them. it is a self-imposed problem. >> the problem is that the president has never ge to the nation and made a serus speech about debt. he ignored it the first two years. he appoints aommission that he studiously ignores for the nextt two years. that is why we are at the fiscal cliff now. he is not serious about that. none of his proposals the raise taxes on the ridge. it is 8 cents on the dollar. it is a trivial amount money, and he has never put any political capital in entitlemement reform. you talk aut it here or there. never invested in the capital in it. >> i think we have a difference of opinion here. >> if it is such a trivial amount, then why the squealing the yelli, the hurt feelings? all of these plutocrats, my goodness gracious. i will say this -- right now, he is absolutely right. all the political advantage is with the president but if this ththing comes to a complete hal and falls,s, then there will be political blame across the board, and it will undermine all public confide
it is congress's fault. congress created this fiscal cliff. no one else to impose this on them. it is a self-imposed problem. >> the problem is that the president has never ge to the nation and made a serus speech about debt. he ignored it the first two years. he appoints aommission that he studiously ignores for the nextt two years. that is why we are at the fiscal cliff now. he is not serious about that. none of his proposals the raise taxes on the ridge. it is 8 cents on the dollar. it...
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May 26, 2012
05/12
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KQED
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eye 112
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what is the threat to investors from the fiscal cliff? >> quite a few there, tom. a lot of things happening, or could happen. this fiscal cliff end of the year, with a lot of things likely to happen on the negative side unless congress and the administration change some of the rules. the way things now stand, the tax on dividends and tax on capital gains will rise when the bush tax cuts expire at the end of the year, unless congress steps in and does something and the president signs the bill. in addition to that, you've got the situation out there where the federal government has to move, as i just said, in that direction, and you've got a situation where corporations are going to be facing higher taxes. it's likely that next year we will seek out a new way to-- to increase the total debt allowance that the u.s. can borrow that last time caused a stipulation between the republicans and the democrats. and things of that sort. >> tom: with that environment here you still like dividend stocks despite the possibility of hearing dividend taxes. including general electr
what is the threat to investors from the fiscal cliff? >> quite a few there, tom. a lot of things happening, or could happen. this fiscal cliff end of the year, with a lot of things likely to happen on the negative side unless congress and the administration change some of the rules. the way things now stand, the tax on dividends and tax on capital gains will rise when the bush tax cuts expire at the end of the year, unless congress steps in and does something and the president signs the...
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Dec 22, 2012
12/12
by
WRC
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eye 133
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with just ten days left to act to avoid a plunge over the fiscal cliff, the president and congress have left washington for the holidays leaving the clock ticking down to an across-the-board tax increase for most americans. ten days is enough time to make a deal if republicans and democrats each decide to give some more ground. but tonight there are no such signs. that leaves millions of holiday shoppers tonight spending money against a paycheck that may soon get noticeably smaller. we'll dig down on how this could affect your bottom line. but first, let's find out where negotiations stand. nbc's kristen welker is traveling with the president in honolulu. hello, kristen. >> reporter: lester, good evening. president obama played a round of golf this afternoon but white house officials say this is also a working vacation for him and for his staffers. that is little comfort for the millions of americans wondering what the uncertainty in washington means for them. president obama arriving in hawaii after leaving a washington in disarray. while the president put politics aside for his weekly
with just ten days left to act to avoid a plunge over the fiscal cliff, the president and congress have left washington for the holidays leaving the clock ticking down to an across-the-board tax increase for most americans. ten days is enough time to make a deal if republicans and democrats each decide to give some more ground. but tonight there are no such signs. that leaves millions of holiday shoppers tonight spending money against a paycheck that may soon get noticeably smaller. we'll dig...
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Nov 7, 2012
11/12
by
CNNW
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eye 96
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congress, you, president obama have to deal with this fiscal cliff in the coming weeks. if we do fall off that cliff, the country would go back into a recession, cause unemployment rate to jump. one analyst telling me this morning, soledad, if there's no resolution on this fiscal cliff, stocks will plummet and the economy will drowned in quicksand. >> that's just doom and gloom. alison kosik for us this morning. thank you for that update. >>> we want to take you no you to miami, florida. still a state in yellow. we have not yet projected florida. ashleigh banfield is there. you were dealing with long lines yesterday. today there's a hold up. what's the hold up, ashleigh? >> well, soledad, it wouldn't be florida if there wasn't a hold up. you're right. and the hold up is the counting, unfortunately. what a strange notion. what do you do in florida when you wake up in the morning and you know that your state is the only state that hasn't made a decision and the rest of the country moved on without you? you order brunch on miami beach at the news cafe and you wait and wait
congress, you, president obama have to deal with this fiscal cliff in the coming weeks. if we do fall off that cliff, the country would go back into a recession, cause unemployment rate to jump. one analyst telling me this morning, soledad, if there's no resolution on this fiscal cliff, stocks will plummet and the economy will drowned in quicksand. >> that's just doom and gloom. alison kosik for us this morning. thank you for that update. >>> we want to take you no you to miami,...
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Dec 22, 2012
12/12
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FOXNEWSW
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. >> reporter: it feels like it, the president is in hawaii and congress is out of town and the fiscal cliff negotiations are on hold for the holidays with no agreement in sight. john boehner is throwing the ball in the democrats' court saying the debt is too high, spending out of control and taxes should not go up. in the g.o.p.'s weekly address, he accused the president and the democrats of refusing to accept a reasonable compromise. >> the best way to address our crippling debt is to make significant spending cuts and fix our tax code. to pave the way for long term growth and opportunity. this is an approach most americans support and remains republicans' highest priority. but we only run the house. democrats continue to run washington. >> reporter: the president left town for his traditional christmas in hawaii and he and his family arriving there this morning and he has gotten in a round of golf already. before leaving the white house, he stayed back hayes spe-- scal back his expectations, and he said it is time for compromise. >> president barack obama: we move forward together s
. >> reporter: it feels like it, the president is in hawaii and congress is out of town and the fiscal cliff negotiations are on hold for the holidays with no agreement in sight. john boehner is throwing the ball in the democrats' court saying the debt is too high, spending out of control and taxes should not go up. in the g.o.p.'s weekly address, he accused the president and the democrats of refusing to accept a reasonable compromise. >> the best way to address our crippling debt...
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126
Dec 24, 2012
12/12
by
WRC
tv
eye 126
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cliff. congress is not expected to return to work until thursday. that's the same day president obama will return. he's spending christmas in hawaii with his family. that leaves them just five days to get a deal done to avoid steep tax hikes and big-time spending cuts. senators on both sides of the aisle say both parties need to compromise to avoid a potential economic disaster. >>> last-minute shoppers may not have been as merry this year as retailers had hoped. good morning. >> good morning to you. shoppers filled the malls and stores on the final weekend before christmas but many people may have not been filled with holiday spirit this year. research group npd says customer traffic was in line with last year but consumers are spending less. a combination of factors may be weighing on their minds including the tax impact of the fiscal cliff, aftereffects of sandy and shootings in connecticut. 'tis the season for giving but many charities aren't on the receiving end. the single biggest sour
cliff. congress is not expected to return to work until thursday. that's the same day president obama will return. he's spending christmas in hawaii with his family. that leaves them just five days to get a deal done to avoid steep tax hikes and big-time spending cuts. senators on both sides of the aisle say both parties need to compromise to avoid a potential economic disaster. >>> last-minute shoppers may not have been as merry this year as retailers had hoped. good morning. >>...
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161
Dec 11, 2012
12/12
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FOXNEWSW
tv
eye 161
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>>guest: i don't want to go off the fiscal cliff which congress created in a bipartisan way. this fiscal cliff is the direct result of the last fiscal cliff when we had the debt limit showdown. >>neil: both sides agreed. >>guest: i voted again i. why create the artificial crisis as a way to force action? it never works. >>neil: bethis. they did. >>guest: and now they are going to do it again. they are saying, now, hurt growth in america, cut a deal that hurts growth in america so in a year from now we will have a worst fiscal cliff and that is the real fiscal cliff $16 trillion debt which the tax you have 200,000 less jobsve next year and the people voting for that will be responsible and held accountable for the public policy. >>neil: you have been talking about freeing out to the middle-class. for and reason in the last election republicans lost the middle class. they seemed to get stereotypes as the party that appeals only to the well-to-do. what i am asking you, how do you change that? the perception sticks in the eyes of some. >>guest: first of all, we need to understand
>>guest: i don't want to go off the fiscal cliff which congress created in a bipartisan way. this fiscal cliff is the direct result of the last fiscal cliff when we had the debt limit showdown. >>neil: both sides agreed. >>guest: i voted again i. why create the artificial crisis as a way to force action? it never works. >>neil: bethis. they did. >>guest: and now they are going to do it again. they are saying, now, hurt growth in america, cut a deal that hurts...
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210
Nov 11, 2012
11/12
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WUSA
tv
eye 210
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congress returns this week and the fiscal cliff clock is ticking. failure to act by the end of december could trigger deep spending cuts including $2.6 billion from nih. president obama's re-election means the affordable care act will go effect but implementation especially pressure to cut the deficit will be challenging. president obama had this to say about the hurdles and priorities in his
congress returns this week and the fiscal cliff clock is ticking. failure to act by the end of december could trigger deep spending cuts including $2.6 billion from nih. president obama's re-election means the affordable care act will go effect but implementation especially pressure to cut the deficit will be challenging. president obama had this to say about the hurdles and priorities in his
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Dec 30, 2012
12/12
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CSPAN
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host: do you think this fiscal cliff nonsense is to make more members of congress money. caller: yes. anytime you can say that corporations are people, you have already gone against -- i am talking about what the forefathers said. when they said that liberty and pursuit of happiness -- the two- party does not -- the tea party does not want to make the pursuit of happiness for everybody. that is why we have a problem. the two-party -- tea party was put on the americans, the same thing in the native americans. making somebody else look like he did something that you did. you either stand up and make this country what the forefathers said it was supposed to be, or we need to take it -- we need to take this thing down under the ocean and drown it. put a bullet in it. host: john from georgia this morning. i want to go for it -- go to john from north carolina on twitter. he writes in -- we are talking about the sequester this morning. this story is from "the washington post specifically on the sequester -- we are taking your calls this morning. i also want to let you know that
host: do you think this fiscal cliff nonsense is to make more members of congress money. caller: yes. anytime you can say that corporations are people, you have already gone against -- i am talking about what the forefathers said. when they said that liberty and pursuit of happiness -- the two- party does not -- the tea party does not want to make the pursuit of happiness for everybody. that is why we have a problem. the two-party -- tea party was put on the americans, the same thing in the...
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82
Dec 14, 2012
12/12
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CURRENT
tv
eye 82
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. >> eliot: on the 18 -- only 18 days remain until we go over the so-called fiscal cliff and with congress once again heading home after another grueling two-day work week, president obama met once again with speaker boehner. while the president keeps talking about revenues, speaker boehner focuses on expenditures and it is hard to tell if any progress is being made. the main sticking point remains over the issue of tax rates for the wealthy. but according to a recent poll, 76% of the country including 61% of republicans agree that raising tax on the wealthy should be part of any fiscal deliver deal. for more, let's bring in edward kenard, former partner of bain capital and perhaps the most famous private equity firm in history. also the author of "unintended consequences," why everything you've been told about the economy is wrong. and columnist for "harper's" magazine and author of "the age of greed," thank you both for joining me tonight. look ed, i want to quote from an article you wrote just a couple of days ago that was published on bloomberg. the u.s. is holding debate critical to i
. >> eliot: on the 18 -- only 18 days remain until we go over the so-called fiscal cliff and with congress once again heading home after another grueling two-day work week, president obama met once again with speaker boehner. while the president keeps talking about revenues, speaker boehner focuses on expenditures and it is hard to tell if any progress is being made. the main sticking point remains over the issue of tax rates for the wealthy. but according to a recent poll, 76% of the...
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Nov 18, 2012
11/12
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KBCW
tv
eye 104
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cliff. president obama urged congress to take action. the president said he had a constructive meeting with congressional leaders. republicans insist that reforms to entitlements must be considered. the stock market its first gain in four days. even with more shopping days this year, during the holiday season it's hard to find the spirit of christmas when the fiscal cliff looms over. retailers are trying new strategies to bring out shoppers. >> reporter: as in years past with elbows sharpened and smart phones in hand, shoppers are getting primed for black friday. the most analyzed day of the retail year and the holiday season opener. the good news for retailers, an early thanksgiving means the season is longer with 33 shopping days. but the economy is still sluggish and washington atmospherics have rattled consumers. >> retailers are concerned. in a recent survey, 72% of consumers say they were changing their shopping patterns as a result of the uncertainty over the situation. >> reporter: a
cliff. president obama urged congress to take action. the president said he had a constructive meeting with congressional leaders. republicans insist that reforms to entitlements must be considered. the stock market its first gain in four days. even with more shopping days this year, during the holiday season it's hard to find the spirit of christmas when the fiscal cliff looms over. retailers are trying new strategies to bring out shoppers. >> reporter: as in years past with elbows...
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141
Nov 14, 2012
11/12
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CSPAN
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eye 141
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the lame duck session kicks off this week in the so-called fiscal cliff is the main issue facing congress. we would like to get your thoughts. you are the numbers to call democrats -- 202-585-3880. republicans -- 202-585-3881. independence -- 202-585-3882. joining us to talk, the lame- duck congress and the fiscal cliff is nancy cliff, from the national journal. thank you for being here. what is at stake during a lame- duck session? guest: the biggest hunk of things at stake are tax changes. those are individual tax rates, tax breaks for businesses at stake. the alternative minimum tax that could hit more middle income families. and then these mandated spending cuts that the budget control act put in place, those are called the sequester. those would have the federal government spending across a bunch of different things like health care spending, biomedical research, education. and the other half of that would hit defense. host: the rest of the world is waking up to it. the front page of usa today says -- we are facing a real cliff hanger. take a store with the fiscal cliff is. guest: it
the lame duck session kicks off this week in the so-called fiscal cliff is the main issue facing congress. we would like to get your thoughts. you are the numbers to call democrats -- 202-585-3880. republicans -- 202-585-3881. independence -- 202-585-3882. joining us to talk, the lame- duck congress and the fiscal cliff is nancy cliff, from the national journal. thank you for being here. what is at stake during a lame- duck session? guest: the biggest hunk of things at stake are tax changes....
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cliff if congress doesn't act. legislation needs to be passed now. to head off a series of tax increases and spending cuts that are mandated to take effect on january 1st because congress couldn't come up with a proper deal to raise the nation's debt limit last year. so that's the ridiculous compromise they came up with. if congress doesn't act before the elections, it may be too late to fight off the economic storm. you heard it from mohammed el arian, a 30% chance of a recession he says. so frankly, after listening to me saying this endlessly, even i'm starting to think i'm full of hot air, so i'm going to give you three specific things that congress can, and must, do now to address the coming economic storm. first, head off that so-called sequester, the $1 trillion of automatic across the board spending cuts that are mandated by congress. the ridiculously named sequester legislation was passed as part of last august's debt ceiling extension which followed, as you recall, but would like to forget, intense partisa
cliff if congress doesn't act. legislation needs to be passed now. to head off a series of tax increases and spending cuts that are mandated to take effect on january 1st because congress couldn't come up with a proper deal to raise the nation's debt limit last year. so that's the ridiculous compromise they came up with. if congress doesn't act before the elections, it may be too late to fight off the economic storm. you heard it from mohammed el arian, a 30% chance of a recession he says. so...
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460
Dec 31, 2012
12/12
by
KRON
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eye 460
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cliff congress is to set to meet again today will have the latest from washington. >> and secretary of state hillary clinton has been hospitalized after doctors discovered a blood clot. we will have the latest on her condition coming up. >> plus we're watching your bay area weather on this new year's eve as well as your morning commute. >> we will be right back on the kron 4 >> it is very light traffic conditions of side. your quick commute check shows you that that is exactly what we have. in a state 5 a through altman pass way are very light right now. >> new this morning. two people are in the hospital this morning after a 2 alarm fire at a residential building in san francisco's excelsior district. the fire broke out before 1:00 this morning and crews had it under control run to 3:00 pm. to get you more news faster we will turn to jackie sizzle. >> pg&e crews remain out here. it looks like it is almost destroyed. according to officials of around 1:00 a.m. this is when the fire broke out. it sent to people to the hospital. we are here reports that it may have been a broken gas ma
cliff congress is to set to meet again today will have the latest from washington. >> and secretary of state hillary clinton has been hospitalized after doctors discovered a blood clot. we will have the latest on her condition coming up. >> plus we're watching your bay area weather on this new year's eve as well as your morning commute. >> we will be right back on the kron 4 >> it is very light traffic conditions of side. your quick commute check shows you that that is...
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52
Dec 14, 2012
12/12
by
FBC
tv
eye 52
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it looks like congress will have no choice but to punt the fiscal cliff debate until next year. we have a guest from the cato institute. sequestration kicks in, maybe talked about? >> i certainly agree with the sequestration part. we should be able to find 100 belden and spending cuts. we should be able to find 50 billion in spending cuts on the front. i think the sequestration and spending cuts should happen. unfortunately, many of the tax increases, if we don't do something about taxes, i think it makes it harder to go back and extend any of the tax cuts next year. so we might find ourselves in the worst of both worlds. i still give it about a 5050 chance that they come up with some sort of deal. but if they do, it won't be until christmas eve. tracy: for new year's eve at our? >> yes. tracy: most likely the deal will be extend middle-class tax cuts, wait until next year on the wealthy to discuss, basically we on everything until next year. when you do that, you know, you give up part of your bargaining power. should we come back in january and see a tax cut for the wealthy? >
it looks like congress will have no choice but to punt the fiscal cliff debate until next year. we have a guest from the cato institute. sequestration kicks in, maybe talked about? >> i certainly agree with the sequestration part. we should be able to find 100 belden and spending cuts. we should be able to find 50 billion in spending cuts on the front. i think the sequestration and spending cuts should happen. unfortunately, many of the tax increases, if we don't do something about taxes,...
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145
Nov 24, 2012
11/12
by
CNNW
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eye 145
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a deal to avert the fiscal cliff is looking more likely. it is. but i've been disappointed by this congress before. millions of americans are counting on you, congress, to save their jobs and their financial futures. do it. we'll all be celebrating like scrooge on christmas morning.
a deal to avert the fiscal cliff is looking more likely. it is. but i've been disappointed by this congress before. millions of americans are counting on you, congress, to save their jobs and their financial futures. do it. we'll all be celebrating like scrooge on christmas morning.
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Dec 30, 2012
12/12
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what we are seeing is more and more people right now as congress looks that the fiscal cliff, talking about the things that concerns them. i want to tell you, some things watching right now who think the country should goefrt fiscal cliff, a quote i got there on facebook, talking about this, this one says let's go over it. it is long overdue and we need several more just like t some politicians see it as the easiest way of implementing long overdue cuts without endless congressional squabbles from adam chance campbell wrote on my facebook page. y'all will like the next one, look that the quote from jeff clark, what the mayans couldn't do in thousands of years both houses of congress are doing. let me tell everybody, the world will not end if we go over the fiscal cliff. i don't want you to feel that watch doesn't mean there aren't serious concerns for a lot of people involved. a couple more here from facebook this one says they need a reality check in how the 98% really lives. that's from felicia persaud on facebook. one more here the people express third desire for ending the bush ta
what we are seeing is more and more people right now as congress looks that the fiscal cliff, talking about the things that concerns them. i want to tell you, some things watching right now who think the country should goefrt fiscal cliff, a quote i got there on facebook, talking about this, this one says let's go over it. it is long overdue and we need several more just like t some politicians see it as the easiest way of implementing long overdue cuts without endless congressional squabbles...
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Dec 10, 2012
12/12
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MSNBC
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resolve this fiscal cliff but resolve in it a way that makes our country stronger. >> let me bring in the "news nation" political panel. neimalik henderson and goodfreend and contributor michael smerkonish. you the people, you talk to folks all day long on the radio show that you have that's syndicated in cities and states. what do you make of the president picking up where he left off so often going straight to the folks at snoem. >> he is really mained a full court press that began in the campaign season and never ended after election day and i think that two-prong attack you reference is good politics and seems to be working in large part because there's a vacuum within the republican party or on the right generally. you could say speaker boehner is the head now for negotiation purposes but i don't think anybody is really the president's equal in this dynamic and he's exploiting that to great advantage. >> let me bring you in on this, david. last week we discussed this, as well. the first read team pointed out we see a small deal, if you will, addressing the tax rate and then the l
resolve this fiscal cliff but resolve in it a way that makes our country stronger. >> let me bring in the "news nation" political panel. neimalik henderson and goodfreend and contributor michael smerkonish. you the people, you talk to folks all day long on the radio show that you have that's syndicated in cities and states. what do you make of the president picking up where he left off so often going straight to the folks at snoem. >> he is really mained a full court press...
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Dec 10, 2012
12/12
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FBC
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tracy: whether congress and the president and rigid fiscal cliff deal before january 1 remains up in the air. here with the tips, managing director of wealth held financial planning. i think it is an important point for people to understand what the fiscal cliff aside, you have a year-end tax plan. >> there is a usual thing you should still be doing every year. with the rates going up, like a grown-up, there are more valuable than if you don't use them this year. tracy: many people wanting to save their gains, take the losses. >> everybody talks about taking again now, buying back, hire you don't want to accelerate10 texas unless you know you're going to sell those anyway. soon into 2013. if you have a concentrated position is a lot of risk to get out. the next six to 10 months, accelerate. in a long-term investment, there's no reason i don't think accelerate the games to pay uncle sam early. tracy: if you are in a position is a short-term gain, would you buy it back in their retirement accounts like iras? >> it depends if there's going to be gain potentials, still lower than the rat
tracy: whether congress and the president and rigid fiscal cliff deal before january 1 remains up in the air. here with the tips, managing director of wealth held financial planning. i think it is an important point for people to understand what the fiscal cliff aside, you have a year-end tax plan. >> there is a usual thing you should still be doing every year. with the rates going up, like a grown-up, there are more valuable than if you don't use them this year. tracy: many people...
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Dec 26, 2012
12/12
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CSPAN
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i feel we should go over the fiscal cliff. congress and the senate should go back to the last legally passed budget and whatever money was appropriated, that is what we should appropriate for spending. if i didn't do my job for four years, i would have been fired. why are they able to keep getting paid? there should be something in the law that would say their benefits would stop. they should have their own pension fund. if their pension was the same as a people that work for, social security will not be going bankrupt. host: we will continue to track the work of congress. house and senate come back into session tomorrow. there could be sessions this weekend. the new congress comes in next week. we will have plenty of coverage as the new congress comes into session. we're still hearing about the change in filibuster rules in the senate. we will be there to cover it all. the house is here on c-span. we will be interviewing some retiring members of congress tonight. they are dan burton and kent conrad. here is what they had to s
i feel we should go over the fiscal cliff. congress and the senate should go back to the last legally passed budget and whatever money was appropriated, that is what we should appropriate for spending. if i didn't do my job for four years, i would have been fired. why are they able to keep getting paid? there should be something in the law that would say their benefits would stop. they should have their own pension fund. if their pension was the same as a people that work for, social security...
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Dec 12, 2012
12/12
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FBC
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all right, the fiscal cliff and something only congress can do that we have lou dobbs easy with us now. it is actually a good comedy. the nero reference is wrong. all the drama here. is it a shakespearean play? lou: i mean, hands flailing -- many of the sentences that attached to the one that preceded. it is great political theater if you like farce. that is what we are witnessing here. the house speaker today saying that at least at the end of the day, we have some serious problems and that he and the president are separated by the serious problems. as if this were a newsflash for the international news media. we have some problems, and they are going to start on the first of january. it is pretty clear that the president wants to go over the fiscal cliff. speaker boehner, i think, is right to say that your ultimatum. you eat it, it's your deal. we will let it all play out. tracy: deep into the root of all this is political discord in general. but all everyone thinks about is the next vote. speaker boehner thinking about his reelection. no one is thinking about the bigger cause. it is
all right, the fiscal cliff and something only congress can do that we have lou dobbs easy with us now. it is actually a good comedy. the nero reference is wrong. all the drama here. is it a shakespearean play? lou: i mean, hands flailing -- many of the sentences that attached to the one that preceded. it is great political theater if you like farce. that is what we are witnessing here. the house speaker today saying that at least at the end of the day, we have some serious problems and that he...
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Dec 29, 2012
12/12
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MSNBCW
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that whole fiscal cliff thing, where congress and the white house can't reach a deal on taxes and spending before the end of the year and they maybe get us into a recession, it's definitely happening. that was the whole point of president obama's press conference this afternoon. >> i still want to get this done. it's the right thing to do for our families, for our businesses, and for our entire economy. but the hour for immediate action is here. it is now. >> allow me a quick update here. that press conference, it came after president obama met with john boehner and nancy pelosi and harry reid and mitch mcconnell, so all the key congressional leaders. and listen to the president here. >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. america wonders why it is that in this town for some reason, you can't get stuff done in an organized timetable. why everything always has to wait until the last minute. well, we're now at the last minute. and the american people are not going to have any patience for a politically s
that whole fiscal cliff thing, where congress and the white house can't reach a deal on taxes and spending before the end of the year and they maybe get us into a recession, it's definitely happening. that was the whole point of president obama's press conference this afternoon. >> i still want to get this done. it's the right thing to do for our families, for our businesses, and for our entire economy. but the hour for immediate action is here. it is now. >> allow me a quick update...
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Dec 11, 2012
12/12
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CNBC
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. >> coming up next, the one sector that could be crushed if we go over the fiscal cliff. >>> if congress fails to extend tax cuts or to stop sequestration before the end of the year, this will result in an additional $491 billion in revenue over fiscal year 2013. what's next? he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet, or body swelling; enlarge
. >> coming up next, the one sector that could be crushed if we go over the fiscal cliff. >>> if congress fails to extend tax cuts or to stop sequestration before the end of the year, this will result in an additional $491 billion in revenue over fiscal year 2013. what's next? he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger...
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Dec 30, 2012
12/12
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KRCB
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it is the fault of congress. they created this fiscal cliff. they did it. no one else imposed this on them. >> the president has never gone to the natioand made a sio speech about debt. he ignored it the first two years. he appoints a commission that he studiously ignores for the next two years. that is why we are at the clip now. he is not serious about the debt. none of his proposals to raise taxes on the rich. he has never put any political capital in entitlement reform our tax reform. he'll talk about it here and there. never invested any capital in it. >> any difference of opinion? >> if it is such a trivial amount, the raising of taxes on the wealthy, then why the squealing, the yelling, the hurt feelings of all this plutocrats? my goodness gracious. i will say this -- right now, he is absolutely right. all the political advantage is with the president, but if this thing comes to a complete halt and falls, then there would be political blame across the board, and it will undermine all public confidence in the public sector. >> all political advances w
it is the fault of congress. they created this fiscal cliff. they did it. no one else imposed this on them. >> the president has never gone to the natioand made a sio speech about debt. he ignored it the first two years. he appoints a commission that he studiously ignores for the next two years. that is why we are at the clip now. he is not serious about the debt. none of his proposals to raise taxes on the rich. he has never put any political capital in entitlement reform our tax reform....
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Nov 10, 2012
11/12
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KTVU
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the path leading away from the fiscal cliff goes through congress, but can democrats and republicans reach a compromise? democratic congresswoman says compromise is possible because democrats are willing to discuss budget cuts and republicans don't want the tax cuts initiated by president george w. bush to expire at the end of the year. >> with that looming the republicans have a reason to find a means to salvage something for their side. >> reporter: house minority leader issued a statement urging congress to extend the tax cults to couples earning under $250,000 a year. let's sit down and get the job done. every day we delay adds to the uncertainty of the middle class. here among the downtown san mateo small business people it there is mostly uncertainty. >> i could worry about it but there's nothing i can do about. >> if my costs go up which i'm going to have to pass them on. >> you have these dualing political postures. the way they get resolved is you get pressure from the public. >> reporter: not all the details have to be ironed out by the end of the year. a framework must be
the path leading away from the fiscal cliff goes through congress, but can democrats and republicans reach a compromise? democratic congresswoman says compromise is possible because democrats are willing to discuss budget cuts and republicans don't want the tax cuts initiated by president george w. bush to expire at the end of the year. >> with that looming the republicans have a reason to find a means to salvage something for their side. >> reporter: house minority leader issued a...
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Nov 14, 2012
11/12
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WTTG
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fiscal cliff, congress, the sex scandal all on his agenda. we're going to take a closer look at that and more next. >> check it out. also a baby panda gets the rock star treatment in california. why the big celebration? does he need a reason? we'll explain. >> as we head to the break, here's a live look. latest waeth letter and traffic coming up from tucker and julie next. it's 7:26. we'll be back. >>> back now with this morning's sports breakfast. skipper davy johnson has been named manager of the year. and made their first playoff appearance. this is the second such honor for johnson who turned 70 in january. in 1997 he was named the american leagues top manager. you know what team he was named manager? >> baltimore orioles. >> that's right. >> he got cheated. >> yeah. i thought he would get it. >> if you were the manager for a team 15 years. >> would have been cool the battle of the beltways stopped. >> a's manager had a great season. >> particularly around here. there we go. let's do the weather. cold star
fiscal cliff, congress, the sex scandal all on his agenda. we're going to take a closer look at that and more next. >> check it out. also a baby panda gets the rock star treatment in california. why the big celebration? does he need a reason? we'll explain. >> as we head to the break, here's a live look. latest waeth letter and traffic coming up from tucker and julie next. it's 7:26. we'll be back. >>> back now with this morning's sports...
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Dec 11, 2012
12/12
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KPIX
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. >> reporter: president obama's campaign to steer clear of the fiscal cliff took him to a diesel engine plant outside detroit. >> congress doesn't act soon, meaning the next few weeks, starting on january 1, everybody's going to see their income taxes go up. >> reporter: private face-to-face talks were revived this weekend when house speaker john boehner went over to the white house. neither side is releasing details about the conversation, but taxes are still the big sticking point. >> i'm not going to have a situation where the wealthiest among us including folks like me get to keep all our tax breaks. >> reporter: republicans have adamantly opposed raising taxes, but now some are considering it if democrats agree to social security and medicare changes. republicans were disappointed with the proposed spending cuts in the president's first offer which do not include changes to entitlement programs. >> we have got to do something about the spending. an obsession to raise taxes is not going to solve the problem. >> reporter: advocates for seniors wants social security and medicare out o
. >> reporter: president obama's campaign to steer clear of the fiscal cliff took him to a diesel engine plant outside detroit. >> congress doesn't act soon, meaning the next few weeks, starting on january 1, everybody's going to see their income taxes go up. >> reporter: private face-to-face talks were revived this weekend when house speaker john boehner went over to the white house. neither side is releasing details about the conversation, but taxes are still the big...
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Nov 11, 2012
11/12
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WMAR
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ground on the fiscal cliff, immigration and other big issues. we'll ask our headliners, republican saxby chambliss and the senator responsible to adding to the democrat majority, senator patty murray. >>> representatives donna edwards and aaron schock, paul gigot, katrina vanden heuvel and greta van susteren. >>> hello, again. what a week in politics. with his victory in florida yesterday, president obama now has a sweep of the battlegrounds. 332 electoral votes. losing only indiana and north carolina from his 2008 total. the popular votes are still coming in. the president will come up about 8 million short of his 2008 tally. we'll discuss how obama did and what's next for the gop and the governing challenges ahead? >>> but first, that friday afternoon bombshell. david petraeus resigns at the cia after officials uncover his extramarital affair. . >> yes it came to light after a woman in tampa tied to military got a peculiar, harassing e-mail. she was so concerned, she contacted the fbi who according to our sources traced it back to paula broadw
ground on the fiscal cliff, immigration and other big issues. we'll ask our headliners, republican saxby chambliss and the senator responsible to adding to the democrat majority, senator patty murray. >>> representatives donna edwards and aaron schock, paul gigot, katrina vanden heuvel and greta van susteren. >>> hello, again. what a week in politics. with his victory in florida yesterday, president obama now has a sweep of the battlegrounds. 332 electoral votes. losing only...
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Nov 27, 2012
11/12
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CNBC
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are we any closer to a tax and fiscal cliff fix? cnbc's own chief washington correspondent john harwood joins us now with all the details. good evening, john. >> reporter: good evening, laurie, and i think we are getting somewhat closer, and the white house would count it as good news that you found common cause with their report on the impact of fiscal spending. let's talk for a moment about what's happened on the fiscal cliff by the numbers since that early constructive meeting with the congressional leaders and the president. the numbers are all one. there's one month left for these leaders to figure it out. two, 1.4 it is is the amount to be shaved off by gdp and one is the amount of trillions of dollars that democratic aides, senior democratic aides tell me is necessary to get a deal wit end of the year with the remaining 3 trillion of savings coming in the early part of next year, ants finally one is the number of phone calls made over the weekend between president obama and house speaker john boehner so there hasn't been a lo
are we any closer to a tax and fiscal cliff fix? cnbc's own chief washington correspondent john harwood joins us now with all the details. good evening, john. >> reporter: good evening, laurie, and i think we are getting somewhat closer, and the white house would count it as good news that you found common cause with their report on the impact of fiscal spending. let's talk for a moment about what's happened on the fiscal cliff by the numbers since that early constructive meeting with the...
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Dec 10, 2012
12/12
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FOXNEWS
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cliff that will take place in january from congress and they may strike a budget deal by then. economists think it could downs back in november with unemployment still high the trend remains weak because households don't have the income to spend. that ties in with the borrowing numbers as well. credit card usage has gone 17 percent since the 2008 credit cli cries lis. the category auto and student loans is 22 percent higher. they get training for new careers. >> diane macedo from the fox business network it is 14 minutes before the top of the hour. you could call them a mosque carade. it promised to be a lot more than a praise of prayer. turns out that is all they are doing there. we will tell you the details. >> they were trying to wreak havoc on the neighbor's decorations. check with steve doocy to see what's coming up. >> thank you very much. exactly. 13 minutes before fox and friends kicks off. who says there's no such thing as a free lunch. whoever said that has to dine with uncle sam. millions of dollars of tax payer money feeding children for free. before they need it or
cliff that will take place in january from congress and they may strike a budget deal by then. economists think it could downs back in november with unemployment still high the trend remains weak because households don't have the income to spend. that ties in with the borrowing numbers as well. credit card usage has gone 17 percent since the 2008 credit cli cries lis. the category auto and student loans is 22 percent higher. they get training for new careers. >> diane macedo from the fox...
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the fiscal cliff will no doubt hit regular investors hard. many lost faith in the stock market pulling more than a hundred billion dollars out of mutual stock funds out of fear since 2009. the former chairman of the securities and exchange commission joins me now by telephone. chairman, thank you for coming on the show tonight. great to talk to you. it's been yeahs since i talked to you, and i want your opinion on this move, this free-for-all by small investors out of the market, runs away. 46% of americans say they own stocks today. 53% did in 2001. what's causing this? on the phone: i think there's general fear with all the scandals seen, the insider trading episode, the glitches that shut the market down, high frequency trading that nearly drove securities out of business, a whole seeshz of events like that since 2008 scared the heck out of the average investor and forced them to lose trust in our market, sell their funds and sit on the sitelines. gerri: you were a proinvester advocate, cleanedded up the bond market at the time, longest se
the fiscal cliff will no doubt hit regular investors hard. many lost faith in the stock market pulling more than a hundred billion dollars out of mutual stock funds out of fear since 2009. the former chairman of the securities and exchange commission joins me now by telephone. chairman, thank you for coming on the show tonight. great to talk to you. it's been yeahs since i talked to you, and i want your opinion on this move, this free-for-all by small investors out of the market, runs away. 46%...
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Nov 13, 2012
11/12
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FBC
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will busess and abor lleaders pixar nation's fiscal cliff problem? our land back congress. thesgroups heading to washington this week to dscuss possible solutions with president obama. days after the congressional budget office reports there is another threat of reession. lawmakerin washington have just 49 days to strike eal that would prevent more than $600 billion in tax increases and automatic spending cuts. in addition the president has been reelected. obamacare, the president's controversial health care law one of the fully implemented. ceos all across the country are coming out warning of the w's impact on their business. as a result, threatening massive layoffs. joining me now, former commerce secretary under president george of the bush. great to have you on the show, sir. let's start with this meeting the president is calling with union leaders, business leaders. what can they do that congress cannot? >> well, the problem is that th can't do muc because the brush of taxes ad the rise of regulations that are being thrown at businesses, th only thing they can do is d
will busess and abor lleaders pixar nation's fiscal cliff problem? our land back congress. thesgroups heading to washington this week to dscuss possible solutions with president obama. days after the congressional budget office reports there is another threat of reession. lawmakerin washington have just 49 days to strike eal that would prevent more than $600 billion in tax increases and automatic spending cuts. in addition the president has been reelected. obamacare, the president's...
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Dec 17, 2012
12/12
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FBC
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they feel that owners are fearing the worst when it comes to congress and the fiscal cliff. with more on the president's business policies, expert carol roth. i'm glad you're with us. i actually had the pleasure of interviewing the nfib chief economist. he said that you would've thought that confidence was down because of hurricane sandy, but it wasn't. it was because of the election. people fear the future. these are our job creators to absolutely. they are paralyzed. >> they are not sure what to expect. the longerwe go on with fiscal cliff nonsense, and then we have obamacare, which then a lot of them will have to endure in some way shape or form, everybody is very concerned about that. in the face of uncertainty, the choices do notng. it is very difficult to play a game if you don't where thh rules are. the small business community is kind of sitting on the sidelines awaiting, and that's not what we want from the job creators were country. >> it's interesting because we saw cap tech spending for big companies come to a screeching halt. we are starting to see it with sml b
they feel that owners are fearing the worst when it comes to congress and the fiscal cliff. with more on the president's business policies, expert carol roth. i'm glad you're with us. i actually had the pleasure of interviewing the nfib chief economist. he said that you would've thought that confidence was down because of hurricane sandy, but it wasn't. it was because of the election. people fear the future. these are our job creators to absolutely. they are paralyzed. >> they are not...